Wallace is a very small town located in the state of North Carolina. With a population of 3,472 people and three associated neighborhoods, Wallace is the 231st largest community in North Carolina.Because occupations involving physical labor dominate the local economy, Wallace is generally considered to be a blue-collar town. 44.66% of the Wallace workforce is employed in blue-collar occupations, compared to the national average of 27.7%. Overall, Wallace is a town of service providers, transportation and shipping workers, and professionals. There are especially a lot of people living in Wallace who work in healthcare suport services (9.11%), teaching (9.11%), and sales jobs (6.99%). Wallace is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.In terms of college education, the citizens of Wallace rank slightly lower than the national average. 14.59% of adults 25 and older in Wallace have a bachelor's degree or advanced degree, while 21.84% of adults have a 4-year degree or higher in the average American community. The per capita income in Wallace in 2022 was $27,531, which is lower middle income relative to North Carolina and the nation. This equates to an annual income of $110,124 for a family of four. However, Wallace contains both very wealthy and poor people as well. Wallace is an extremely ethnically-diverse town. The people who call Wallace home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Wallace residents report their race to be White, followed by Black or African-American. Wallace also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 15.50% of the town’s residents. Important ancestries of people in Wallace include English, German, Scottish, Irish, and Polish. The most common language spoken in Wallace is English. Other important languages spoken here include Spanish and Italian.
